Monday, January 30, 2012

NEW LISTING! 1024 N. Flood


NEW LISTING!

Retail Center For Sale or Lease
1024 N. Flood
Norman, Oklahoma


Contact David Hartnack For More Information

Friday, January 27, 2012

11.8 acres sold at Pershing and North Villa

NOCMHC has purchased a property located at Pershing and North Villa consisting of 11.8 acres from Oklahoma Realty Development Company, L.L.C. The land will be utilized as a satellite location. Irmon Gray with NAI Sullivan Group handled the transaction. Closing was held at Old Republic Title Company of Oklahoma by Barbara Chatman.

Thursday, January 26, 2012

Acquisition of NAI Global by C-III Capital Partners is Complete

Acquisition of NAI Global by C-III Capital Partners is Complete

Local affiliate NAI Sullivan Group to benefit from acquisition


Oklahoma City, Oklahoma, January 24, 2012 - NAI Global, the largest network of independent commercial real estate firms worldwide, announced today that its previously reported acquisition by C-III Capital Partners LLC (C-III) has been completed. The transaction will help create a leading fully integrated commercial property services company that will operate in markets around the world. Locally based NAI Sullivan Group is the Central Oklahoma representative of NAI Global.


C-III is a leading commercial real estate services company engaged in a broad range of activities, including primary and special loan servicing, loan origination, fund management, CDO management, principal investment, title services and multifamily property management. C-III is led by CEO Andrew L. Farkas, who founded and was Chairman and CEO of Insignia Financial Group, Inc. (NYSE:IFS). Its principal place of business is located in Irving, TX, and it has additional offices in New York, New York; Greenville, South Carolina; McLean, Virginia; Chicago, Illinois; Dallas, Texas and Nashville, Tennessee.


NAI Global will continue to operate as a separate company under its current management. C-III will accelerate NAI Global's growth by exploring business development opportunities in strategic locations, including New York, London, Singapore and other primary global business centers. It will also invest in the growth of the corporate solutions and capital markets offering, expanding asset/property management, project/facilities management and valuation services worldwide.


"The completion of this transaction represents a significant step forward in our strategy to build a fully diversified commercial real estate services company," said Mr. Farkas. "With the NAI Global acquisition, we are gaining the world's leading commercial real estate network and a tremendous foundation for future growth. As we begin a new year, we look forward to partnering with the NAI team to provide enhanced services to the commercial and institutional real estate markets they serve as well as continuing to take advantage of other opportunities to grow and expand our platform."


"We are thrilled to be joining forces with C-III and excited about the opportunity to deliver an even broader range of services to our members and add greater value to our collective corporate and investment clients. We look forward to tapping into their extensive resources and expertise to assist all of our clients in strategically optimizing their commercial real estate assets," said Jeffrey M. Finn, President and CEO of NAI Global.


NAI Sullivan Group CEO Bob Sullivan said "We are very excited about this expanded relationship and the opportunity to be a part of the world wide presence of C-III. This new relationship expands our ability to help local businesses and help bring global companies to Oklahoma City."


Founded in 1977 by Gerald Finn, NAI Global has grown from covering 15 countries in 1999 to offering a full, collaborative platform of services to clients in over 350 offices in 55 countries, with over 300 million square feet of commercial space under management.


C-III commenced operations with the purchase of Centerline Capital Group's institutional real estate debt fund management and commercial mortgage loan servicing businesses in March 2010. Since that time, C-III has successfully launched mortgage origination, investment sales and title insurance businesses, and expanded its principal investment, loan origination, fund management and primary and special loan servicing businesses, including acquiring the special servicing and CDO management businesses of JER Partners in August 2011.


Financial terms of the NAI Global acquisition were not disclosed.


NAI Global (www.naiglobal.com) is the largest network of independent commercial real estate firms worldwide, comprised of over 5,000 professionals in 55 countries with more than 350 offices. NAI advisors work in tandem with our global management team to ensure our clients strategically optimize their real estate assets. NAI offices complete over $45 billion in combined transactions annually and manage 300+ million square feet of commercial space.


NAI Sullivan Group is Central Oklahoma's representative of NAI Global. NAI Sullivan Group is central Oklahoma's expert in commercial property brokerage, property management, and development resources.

Memorial Road and Technology Drive Sold!

Native Land Investments, Ltd. has purchased a property located at Memorial Road and Technology Drive consisting of 1.239 acres from Dream Builders, L.L.C. for $475,000. Bob Sullivan, CCIM with NAI Sullivan Group handled the transaction. Closing was held at The Oklahoma City Abstract and Title Company by Jackie Hatton.

3437 West Memorial Road Sold!

Native Land Investments, Ltd. has purchased a property located at 3437 West Memorial Road consisting of 1.31 acres from TMC Real Estate Holdings, L.L.C. for $700,000. Bob Sullivan, CCIM with NAI Sullivan Group handled the transaction. Closing was held at The Oklahoma City Abstract and Title Company by Jackie Hatton.

Wednesday, January 25, 2012

13728 North Lincoln Leased!

Lonnie Rice has leased a property located at 13728 North Lincoln in Edmond consisting of 1,750 square feet from Lincoln Memorial Business Park, L.L.C. This space will be utilized as a training facility and storage center. David Hartnack with NAI Sullivan Group handled the transaction.

2212 North Rockwell Sold!

Little Caesar’s Pizza has purchased a property located at 2212 North Rockwell in Bethany consisting of 2,466 square feet from the Lam Family. The facility will be renovated and turned into a new restaurant to service the Bethany community. David Hartnack with NAI Sullivan Group represented the Seller and Rod Baker with Baker First Commercial Real Estate represented the Buyer. Closing was held at Oklahoma City Abstract and Title Company by Jackie Hatton.

1320 Santa Fe Leased!

Community Thrift doing business as Save Moore Thrift has leased a property located at 1320 Santa Fe in Moore consisting of 10,412 square feet from Oklahoma CVS Pharmacy, L.L.C. Save Moore Thrift plans on opening a new donation center and store to service the Moore community. David Hartnack with NAI Sullivan Group and Karleen Krywucki with Price Edwards handled the transaction.

Thursday, January 12, 2012

State Farm Insurance renews their lease at Council Crossing Shopping Center

State Farm Insurance has renewed their lease at 9501 North Council consisting of 1,027 square feet from Council Crossing, L.L.C. Tony Brummitt plans to continue to use this space to operate his insurance agency. David Hartnack with NAI Sullivan Group handled the transaction.

Tuesday, January 10, 2012

Space leased at the Split T Center

Julie Nguyen has leased 1,010 square feet located at 5701 North Western in the Split T Center from Split T, L.L.C. This space will be utilized as a nail salon. Bob Sullivan, CCIM with NAI Sullivan Group handled the transaction.

Space leased at 817 Northeast 63rd Street

MTT, Inc. has leased office space located at 817 Northeast 63rd Street consisting of 247 square feet from Teledigm Corporation. Darryl Meason with NAI Sullivan Group handled the transaction.

8413 Gateway Terrace Leased

The Federal Aviation Administration has leased a property located at 8413 Gateway Terrace consisting of 6,000 square feet from Three D Properties, L.L.C. This is a satellite location that will work closely with operations at Will Rogers World Airport. Bobby Davis with NAI Sullivan Group handled the transaction.

Monday, January 9, 2012

Space leased at Cornerstone Plaza

Amazing Massage has leased a property located at 5926 Northwest 38th Street consisting of 1,250 square feet from Cornerstone Plaza, L.P. This will be Amazing Massage’s third metro location, where they plan to offer back, foot, head and neck massages. David Hartnack with NAI Sullivan Group handled the transaction.

Wednesday, January 4, 2012

PRICE REDUCED! 4517 S.W. 29th Street


PRICE REDUCED!

Restaurant Building/Retail Land For Sale
4517 S.W. 29th Street
Oklahoma City, Oklahoma


Contact Sam Swanson For More Information